Sentences with phrase «broad changes in valuation»
So I think the backup is much more a function of the broad changes in valuation, changes in the risk markets, as opposed to any early warning signs of credit deterioration.
http://global.beyondbullsandbears.com/ Not exact matches
When you purchase a broad swath of equities, say an S&P 500 index fund, the returns you can expect over the next decade or so comprise four building blocks: the starting dividend yield, projected growth in real earnings per share, expected inflation, and the expected change in «valuation» — that is, the expansion or contraction in the price / earnings (P / E) multiple.
Over time I expect that to change, and I'll hold stocks that have a broader range of valuations, whereas at the moment they are almost all in the top 30.